DoorDash Officer Prabir Adarkar Files Form 144 for $1.69M Planned Sale

Executive Summary

On September 28, 2026, DoorDash, Inc. officer Prabir Adarkar filed a Form 144 notice proposing the sale of 8,738 shares of Class A Common Stock with an estimated aggregate market value of approximately $1,689,579.68 (implying an average price of roughly $193.36 per share).

Transaction & Securities Details

• Security: Class A Common Stock
• Number of Shares Proposed for Sale: 8,738
• Aggregate Value: $1,689,579.68
• Shares Outstanding: 408,992,917
• Acquisition Origin: Acquired as Restricted Stock Units (RSUs) directly from the issuer on November 20, 2021.
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services

Rule 10b5-1 Trading Plan

The notice indicates the proposed transaction is executed under a pre-established Rule 10b5-1 trading arrangement adopted on May 21, 2026. This pre-scheduled structure shields the timing of the sale from short-term discretionary influence.

Prior 3-Month Trading History

Over the preceding three months, the filer reported significant selling activity:

• August 25, 2026: Sale of 55,289 shares for gross proceeds of $12,813,893.27 via a 10b5-1 plan.
• August 20, 2026: Sale of 17,126 shares for gross proceeds of $3,778,406.62.

Market Impact & Significance

The proposed sale of 8,738 shares represents less than 0.01% of DoorDash's outstanding Class A Common stock. Because the transaction represents a minor fractional interest of total float, originates from vested equity compensation, and is governed by a 10b5-1 plan, it has a low significance rating and is unlikely to introduce notable downward pressure on the stock.